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🚗 Did you know car insurance rates have surged nearly 21% over the past year? That's the biggest spike since 1976! 😱 Discover why repair costs and traffic accidents are driving up prices, and how it's impacting Americans nationwide. Read more here: https://lnkd.in/eB_bq3Uh #CarInsurance #Inflation #DrivingCosts 📈🚘

Have you heard that owning a red car means higher insurance premiums? 🛑 Let's debunk this myth! The color of your car doesn't impact your insurance rates. Insurers consider factors like your driving history, vehicle make/model, and more: http://rb.gy/lfi946 #autoinsurance #carinsurance

Have you heard that owning a red car means higher insurance premiums? 🛑 Let's debunk this myth! The color of your car doesn't impact your insurance rates. Insurers consider factors like your driving history, vehicle make/model, and more: http://rb.gy/lfi946 #autoinsurance #carinsurance

With the year of huge price rises behind us the big questions is where does price go next. Read our latest blog.

🚗💡 Not all facts about car insurance are, well, factual. Here are three myths you’ve probably heard—and believed: 1. Red cars cost more to insure 🚫 False! Insurance rates depend on your driving history, not color. 2. Older drivers always get lower premiums ⚠️ Not exactly—age can be a factor, but so is driving record and claims history. 3. Your credit score doesn’t affect your insurance 💳 It does! In many states, insurers use credit-based scores to assess risk. Don’t let these myths steer you off course! Know the truth and drive smart. Get in touch today https://lnkd.in/g2AVr56 #CarInsuranceFacts #MythBusted #InsuranceTips #DriveSmart #FinancialWellness

Quoted car insurance premiums have slowed to an annual increase of 9.8%, but what’s driving this shift? In our index, we break down the latest trends and what they mean for both policyholders and insurers. 📊 Curious to know more? Dive into the full article for a breakdown of our findings. 👉 Read the full blog here: https://hubs.ly/Q02RFvQ30 #CarInsurance #MarketTrends #InsuranceInsights

Why car insurance costs are skyrocketing and leading to higher inflation by On a monthly basis, car insurance prices as part of the consumer price index (CPI) rose by 2.6%, to push the year-over-year increase to 22.2%.

Why car insurance costs are skyrocketing and leading to higher inflation by On a monthly basis, car insurance prices as part of the consumer price index (CPI) rose by 2.6%, to push the year-over-year increase to 22.2%.